China Sun Group Hi-Tech Co. (CSGH)

[Ecomike]

Looks to me like, with a little luck, we may get the chance to pick up more all time low cheap CSGH shares here by year end (maybe as cheap as .10/share?), perhaps when late year tax loss selling hits on a down day. I am gathering dry powder to add to my longs when that day comes. I am buying to hold long term for 2-3 years or more, maybe longer if the clouds over China stocks clears by then.

I also expect to see one last round of short article attacks on China stocks as the deadlines for audited annual reports arrives for most of them in March to May 2012. China stocks seem to have a hard time meeting US deadlines for annual reports as a group, and that seems to draw out mr. shorty, just as the spring rallies end and selling starts going into the summer. But they may be too cheap, under $1/share for shorts to bother with next year, in which case they may not get attacked again.

When the new China lithium iron polymer phosphate production plants are completed and go on line by year end (like ABAT's and CBAK's new plants being built right now, and note they are CSGH customers of the LiFePO4 material that CSGH has built a new plant for), and start shipping the new generation of large LiFePO4 polymer batteries for use in hybrid buses, and other large heavy duty road vehicles, the sales and profits on CSGH (who is supplying them with the raw materials) should spike nicely, and show up next spring in the quarterly reports. I plan to be a lot longer on share counts on all three stocks by then, especially CSGH.